Pimco has also been a holder of put options on the Standard & Poor’s 500 as the CBOE Volatility Index, better known as the VIX and the most widely followed barometer of expected near-term stock market volatility, remains historically low. …
On Tuesday the Pacific Investment Management Company (PIMCO) announced that its chief executive officer and co-chief investment officer, Mohamed El-Erian, will be leaving ... it was overtaken by the Vanguard Total Stock Market Fund as …
Because it invests largely in a diversified mix of government and corporate bonds, for many people Pimco Total Return is the primary holding for money they don't put in the stock market. And since Gross's fund and Pimco, the firm he …
Traders responded to Thursday's ugly selloff and volatility spike with a relief rally on Friday. The S&P 500 (SPX) hit an early morning low at 1,966.22, but caught fire in the afternoon. The S&P recovered the 50-day moving average level which …
... financial complexity should be humbled to note that PIMCO has consistently delivered returns dramatically higher than the S&P 500’s 100% gain over the last decade. The CEF Winner: Stock Funds While PIMCO is winning the CEF race, …
Neel Kashkari is no stranger to tough jobs. Three years ago the then-35-year-old Treasury Department staffer was appointed to oversee the Troubled Asset Relief Program, the government's $700 billion bailout of Wall Street. For the …
Shortly after PIMCO re-hired Paul McCulley as chief economist, Bill Gross revealed that he and McCulley had independently come to essentially the same conclusions about the New Neutral paradigm shaping the bond market. In …
are likely to take the steam out of the stock market and push returns toward higher-quality bonds, Gross said. (Read more: Pimco's problem: Who can succeed the 'Bond King'?) Gross and Pimco made a wrong-way bet in 2013 on interest …